This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Uniswap (UNI) is showing signs of a bullish reversal, trading 10% higher than last week despite a minor dip. Technical indicators and whale activity suggest potential upside toward $10. Here’s a breakdown of UNI’s latest trends and developments.
- UNI broke out of a Falling Wedge pattern and trades above the 200 SMA, signaling a potential uptrend continuation.
- A $25M UNI withdrawal to non-exchange wallets indicates whale accumulation and reduced supply pressure.
- Uniswap’s cross-chain expansion includes Polkadot integration via Hyperbridge, enhancing interoperability.
📎 Related coverage from: coincodecap.com
Other Tags: DeFi, Uniswap Labs